Oculus acquires Pebbles Interfaces, a hand-tracking company for $60m

We're still over six months from the retail launch of the Oculus Rift, with the Facebook-owned company announcing it has acquired Pebbles Interfaces for $60 million.

Pebbles Interfaces is an Israel-based company that specialized in depth-sensing technology and computer vision for the purpose of hand tracking. The company has spent the best part of five years working on technology that uses custom optics, sensor systems and algorithms that detect and track hand movement. The company will now join forces with Oculus to work on VR, tracking and human-computer interactions.